The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, start-ups and general business topics.
Low vs. High Margin Businesses: Which Is Right for You?
Tuesday, March 24, 2015
People go into low margin businesses because they love the type of work, or because they unexpectedly fell into it or because they followed in the footsteps of someone they admired, usually without consideration of the financial consequences... Read More
How Much Does a Delaware Series LLC Cost?
Monday, March 23, 2015
The Delaware series LLC is still generating a lot of interest from business owners who have multiple properties or run a variety of different businesses. The series LLC allows entrepreneurs to save money by forming one LLC that is composed of any number of individual series of membership interests as opposed to several LLCs... Read More
Doing Business in Arkansas with a Delaware LLC
Monday, March 16, 2015
If you're planning on doing business in Arkansas with a Delaware LLC, certain steps will need to be taken. The process of registering your Delaware LLC as a foreign entity in Arkansas is called Foreign Qualification. This is how you obtain permission from Arkansas to operate there with a Delaware LLC... Read More
How to Write an Operations Manual (And Stay Sane)
Tuesday, March 10, 2015
Want to know how to write an operations manual for your business without losing your mind? Here's the easiest way to go about it... Read More
Can I Operate Multiple Businesses Under One LLC?
Monday, March 9, 2015
It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Dusiness As") to operate an additional business under a different name... Read More
"Should I Reserve a Company Name in Delaware?"
Monday, March 2, 2015
We're often asked, "Should I reserve a company name in Delaware?" Here are the pros and cons to reserving a name and waiting until you file... Read More
"Do I Need a Business License?"
Monday, February 16, 2015
State regulatory agencies take great pains to identify and penalize unlicensed business operations. Unlicensed businesses diminish the integrity of the profession, create undue competition for properly licensed businesses, and often provide inadequate goods and services... Read More
High Corporation Franchise Tax Bill? Don't Panic.
Tuesday, February 10, 2015
The state of Delaware has two methods to calculate the Franchise Tax fees due. The first method, which is called the authorized shares method, assesses X dollars per X number of authorized shares. This method works on a graduated scale, so the amount will vary based on your specific entity details... Read More
Using Live Chat for Business
Monday, February 2, 2015
Using live chat for business purposes can revolutionize your customer service. We've had great success with it. Here's our story... Read More
Secure Your Domain Name First, Then Form Your Company
Monday, January 26, 2015
If a website is in the cards for your new business, it's probably not a bad idea to secure your domain name prior to setting up the company... Read More